7933 Brainerd RdChattanooga, TN 37421

  • Retail properties
  • 4,930 SF
For Sale
$1,700,000 View listing

Property Details for 7933 Brainerd Rd

Year built
2017
Lot size
0.75 AC
Property size (Sq ft)
4,930 SF
Zone code
C2
Property type
Retail properties
Property subtype
Other car washes
APN
159P B 011.01
APU
159PB01101

Description

This thriving Chattanooga car wash business, located at 7933 East Brainerd Road, is offered for sale at $1,700,000. The 4,950 square foot facility sits on a 0.58-acre lot zoned C-2, boasting excellent visibility and high traffic counts exceeding 31,000 AADT. Built in 2017, this single-story building is currently operating and includes all equipment and real estate in an asset sale. Its prime location offers easy access from East Brainerd Road, just before the Igou Gap intersection, placing it near major retailers, restaurants, I-75, Chattanooga Airport, Volkswagen Chattanooga, and an Amazon Fulfillment Facility. The property benefits from a loyal customer base and recently updated equipment. While no financials are provided, a 2020 appraisal valued the property at $2.2 million. This represents a significant investment opportunity for a motivated buyer. The sale includes the business, equipment, and real estate. Please note that this is an AS-IS sale.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,532,793
    6.5%
    $1,414,886
    7%
    $1,313,823
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,023,680
    Geo Method
    $2,423,348
  • Alternative Use

    Use
    Valuation
    Residential
    $1,193,509
    Hospitality
    $1,093,248
    Educational
    $909,570
    Medical
    $940,851
    Retail
    $1,414,886
7933 Brainerd Rd, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0064
Longitude
-85.153
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,048
-
-
$404,400
-
$479,400
$531,600
$1,011,000

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